Fiserv (FISV) Lags Q4 Earnings Estimates, Beats on Revenues
Fiserv, Inc. FISV reported mixed fourth-quarter 2019 results, wherein the company’s earnings lagged the Zacks Consensus Estimate but revenues surpassed the same.
Adjusted earnings per share of $1.13 missed the consensus mark by a penny but increased on a year-over-year basis. Revenues of $4.05 billion outpaced the consensus estimate by 2.1% and improved more than 100% year over year.
Adjusted revenues of $3.71 billion increased 3.5% on a year-over-year basis. Internal revenue growth was 5% on a constant-currency basis, with 6% growth in the First Data segment, 4% growth in the Payments segment and relatively consistent performance in the Financial segment.
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https://finance.yahoo.com/news/fiserv-fi...03208.html
Fiserv, Inc. FISV reported mixed fourth-quarter 2019 results, wherein the company’s earnings lagged the Zacks Consensus Estimate but revenues surpassed the same.
Adjusted earnings per share of $1.13 missed the consensus mark by a penny but increased on a year-over-year basis. Revenues of $4.05 billion outpaced the consensus estimate by 2.1% and improved more than 100% year over year.
Adjusted revenues of $3.71 billion increased 3.5% on a year-over-year basis. Internal revenue growth was 5% on a constant-currency basis, with 6% growth in the First Data segment, 4% growth in the Payments segment and relatively consistent performance in the Financial segment.
...
https://finance.yahoo.com/news/fiserv-fi...03208.html
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